Yes an ID is required for a Cash-Over-the-Counter (COC) transaction. You may be required for a supplementary ID as well. In either case, a copy of your ID is retained for internal KYC records. The information supplied is then checked by the mainstream WU/MG systems for AML checks and OFAC/Blacklist Checks. If you are flagged, they will let you know immediately (or in some case, in an hour or so).
What tracking occurs when sending money through Western Union or MoneyGram?
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